South Africa's Select Committee on Economic Development has adopted the National Minimum Wage Bill.
South Africa Tender and Business News
Togo-based Ecobank, an independent pan-African banking group, has selected the finalists for its 2nd annual Ecobank Fintech Challenge, a competition for Africa-focused technology startups.
The Mail & Guardian just named Bridgett Majola and Jtumeleng Mikhovha, two lawyers at global law firm Baker McKenzie's Johannesburg, South Africa, office as among the Top 200 outstanding young South Africans in recent years. On the occasion of South Africa's Women's day, they talk about their careers, what it means to break from poverty and their role as women working in the law in Africa.
The South African Farmers Development Association has issued a statement of support for an increase in the Dollar Based Reference Price (DBRP) from $566 to $680, but with some concerns.
An unusual and strong South African law known as the Competition Amendment Bill would force tough rules on companies attempting to dominate their industries at the cost of other firms. A detailed analysis by Baker Mackenzie Johannesburg analyzes the implications if it passes.
A special event entitled, "Netrepreneurs: The Rise of Africa's Digital Lions" will be held on August 8 in Pretoria, South Africa. Its focus will be on eCommerce in Africa, along with the payments, logistics, tourism and big data partners for it, all of which is beginning to lift national economies.
South Africa based Tessara, a manufacturer of preservation technologies for the marketing and export of fresh produce, was just acquired by Washington, D.C. based Global alternative asset manager the Carlyle Group.
The South African government recently signed a number of agreements regarding easing cross-country investments with China, plus a formal memorandum of understanding for China to invest R14.7 billion in the country.
Resilient Waters, a new five-year $32.4 million project to ease water problems across the Limpopo River Basin and Okavango River Basin communities in Africa, was just announced by the United States Agency for International Development.
As part of the just-finishing 10th BRICS Summit held in Johannesburg, South Africa, from July 25-27, 2018, the heads of state and government of Brazil, the Russian Federation, the Republic of Indian, the People's Republic of China and the Republic of South Africa, announced an extensive joint planning agreement. The text of that agreement is below.
Many African countries are now actively embracing what is called the "blue economy", with business and social benefits for actively looking to oceans, lakes and rivers to help expand their business opportunities.
A new financial securities firm has been formed in South Africa, Mazi Macquarie Securities. It was formed by Macquarie Group and a local South African consortium.
On July 25, the BRICS Business Forum will take place in Johannesburg, South Africa. More than 1000 delegates from Brazil, Russia, India, China and South Africa (BRICS) will attend.
The African Energy Chamber (www.EnergyChamber.org) and Africa Oil & Power, a continent-wide platform supporting energy policy and investment, have signed a strategic partnership.
MallforAfrica, a Nigeria-based e-commerce provider, is partnering with DHL, a global international express services provider, to work with its new Marketplace Africa platform, to help online retailers sell and ship African-made products to the U.S. and other global markets.
According to a just-issued statement from the office of South African President Cyril Ramaphosa, the United Arab Emirates has committed to $10 billion in an investment primarily in the country's tourism and mining sectors.
InBev\'s South African Breweries (SAB) AB just signed off on South Africa\'s "Guidelines for Good Business Practice by South African Companies Operating in Africa".
LiveU of Hackensack, New Jersey, was selected by Ballito Pro and its production team White Hot Media, to provide live coverage of the world's longest professional surfing event taking place annually on the KwaDukuza coast in South Africa.
The U.S. Department of Agriculture is inviting businesses interested in growing their exports to Africa to join the USDA's upcoming trade mission to South Africa from October 29-November 2, 2018.
According to a new report by PwC regarding Africa's hotel sector, the increase in both foreign and domestic travelers on the continent over the next five years, plus the increase in the number of hotel chains there, should continue to support strong growth in the hotel sector for the next five years.
Hi-Fly Marketing, a South African company specializing in technical services for the African aviation industry, has been chosen as a commercial representative for Derichebourg Atis aéronautique, a France-based international aircraft services provider.
On June 25, the U.S. Military Academy and the African Institute for Mathematical Sciences held an special event in Muizenberg, South Africa, to promote science, technology, engineering and mathematics for a group of 70 gifted students.
The African Development Bank Department of Gender, Women, and Civil Society recently held the third Fashionomics Africa Masterclass for textile entrepreneurs, tomorrow's designers and startups in South African.
German automaker Mercedes-Benz just announced it will be investing $700 million into its South African production facilities to support long-term future growth.
In a desperate move to save the airline, SAA announced a radical plan to lease the company's pilots and cabin crew to foreign airlines.